Lexus’ L/Certified (Certified Pre-Owned) Program won top honors from Autotrader. The magazine recognized L/Certified as the best overall CPO program in the industry! “Among luxury automakers, Lexus’s CPO program “L/Certified” won top honors primarily due to its excellent warranty along with other alluring benefits. L/Certified offers limited bumper-to-bumper coverage for up to six years and unlimited mileage from the vehicle’s original sale date—a risky proposition, but one that shows the brand is willing to firmly stand behind its vehicles. Lexus’s program boasts no deductible for covered repairs, meaning that owners won’t have to pay a penny if their cars suffer a warranty claim. Icing on the cake is the fact that Lexus’s program touts complimentary maintenance covering the next four factory-recommended services for two years or 20,000 miles¬—a small benefit, but one that’s certainly worth mentioning.”
Certified pre-owned (CPO) vehicles are typically late-model, low-mileage vehicles that come with a host of perks like manufacturer-backed warranties, roadside assistance and more. While nearly every manufacturer offers a CPO program, the terms and benefits vary greatly. To make it easy for car shoppers to discover which CPO programs stand out, the experts at Autotrader® analyzed all brands’ CPO terms and selected the 10 best luxury and 10 best non-luxury CPO programs, with one overall winner and nine honorable mentions in each category. For 2016, Autotrader selected Lexus as the winner for Best CPO Program in the luxury category.
“The number one benefit of any CPO program is the warranty, so we decided that the length of warranty should be the top criteria when choosing this year’s Best CPO Programs,” said Brian Moody, executive editor at Autotrader.
CPO vehicles offer many of the same benefits of a new car without the higher price tag and steep depreciation. Each vehicle undergoes an extensive inspection defined by the manufacturer and must meet a variety of guidelines from age to mileage. Once certified, these vehicles come with a manufacturer-backed warranty, giving buyers the confidence they desire when purchasing a pre-owned vehicle. In fact, 64 percent of shoppers say that the certification process and warranty give them peace of mind.
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For more information about Lexus L/Certified or other Pre-Owned vehicles, please contact:
Chris Collins, Pre-Owned Sales Director at Park Place Lexus Plano at 972-407-7025 or CCollins@10.2.54.33
Juan Puentes, Pre-Owned Sales Director at Park Place Lexus Grapevine at 817-416-3308 or JPuentes@10.2.54.33